Affordable Senior Apartments
Rent is limited to households under income caps that vary by area. Check with the property.
University Place Elderly Phase I
600 S Somerville St · Memphis, TN 38104 · LIHTC property ID LIHTC-TNA20070265 · 118 units
This number identifies the property in LIHTC (elderly), the housing program that funds it and sets its rent rules. It is not a care license, and it does not mean a state agency inspects care here. About this housing program (opens in a new tab).
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About University Place Elderly Phase I
University Place Elderly Phase I is an affordable senior apartment property in Memphis, Tennessee. Rent is income-restricted through the Low-Income Housing Tax Credit program, which caps rent but does not license or inspect care. The housing program lists 118 units. It is one of 37 affordable senior apartment properties listed in Memphis. Its public records were last updated in December 2024.
Public record
Inspection history
We don't have inspection reports for this provider yet. The state licensing agency can share its latest ones.
Rent range for this county
HUD fair market rent · FY2026
This is HUD’s fair market rent for Shelby County, not a quoted rent for this property. Income-restricted properties usually charge a share of income instead.
$1,154 to $1,274per month
The low end is HUD’s one-bedroom figure and the high end is the two-bedroom figure for the same county. HUD’s very low income threshold for a one-person household in this county is about $32,450 a year, roughly 50 percent of area median income. That is the line most Section 8 and income-restricted senior housing programs use. It is a figure for the county, not this property’s cutoff, because each program sets its own limit. Ask the property which one applies. This is a rent for the area, not a price for care, and it does not include any care services.
Nearby alternatives
Other licensed providers in Memphis.
Bethel Towers
C. E. Ware Towers
Deciding between options? Tennessee Medicaid for Long-Term Care: 2026 Guide
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